Enron Mail

From:rousseau.anai@enron.com
To:
Subject:Japanese Products on EnronOnline
Cc:
Bcc:
Date:Wed, 19 Apr 2000 02:58:00 -0700 (PDT)

Mark

Do you have any views on the following?
---------------------- Forwarded by Rousseau Anai/ENRON_DEVELOPMENT on
04/19/2000 10:00 AM ---------------------------


Anna Gardiner@ECT
04/18/2000 11:39 PM
To: David Forster/Corp/Enron@Enron
cc: Carol Chew/SIN/ECT@ECT, Mark Dilworth/LON/ECT@ECT, Frank L
Davis/HOU/ECT@ECT, Rousseau Anai/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Japanese Products on EnronOnline

Dave,

Carol Chew has raised some concerns with me regarding the offering of EOL
Singapore Products in Japan. This is as a result of a conference call that
she participated in yesterday with Morten Erik Petterson, Joe Hirl and John
Chismar.

During the conference call Carol was informed that all GTC's,counterparty
approvals,credit limits, tenor limits covering the trading of Singapore
products in Japan have been drafted and approved by the US Legal & credit
teams. Carol is concerned that if all Singapore products are to be offered
in Japan, that all legal and credit approvals for the products and the
counterparties trading them should really be made by the relevant UK teams.
This is due to the fact that all OTC products currently traded in Singapore
are governed by UK law and UK credit regulations.

Please could you advise how I should now proceed with this issue. I have
spoken to Justin Boyd about this and he has said that he has had no
involvement in the approval of products to be traded in Japan. Should I now
be asking Justin to review the Singapore products types with the view to them
being traded in Japan?

Thanks

Anna